6 Family Rent Stabilized 9.3% CAP Rate
Actual Rent Roll, Legal Rents allow for $1k+ more monthly rent
1L $2,397.12
1R $2,050.00
2L $1,764.20
2R $2,253.77
3L $1,257.61
3R $2,096.27
Monthly Total $11,818.97
Annual $141,828
ANNUAL EXPENSES
Real Estate Taxes $17,510
Electricity $973
Insurance $8,390
Water / Sewer $7,995
Heating $7,413
Repairs & Maintenance $5,000
Vacancy $4,255
Total Annual $51,536
Buyers must show proof of funds to tour.
Active
$1,000,000
1665 Palmetto St, Ridgewood, NY 11385
18beds
5,610sqft
Rental Unit
Built in 1930
-- sqft lot
$1,015,600 Zestimate®
$178/sqft
$-- HOA
What's special
- 18 days
- 571
- 47
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Amorelli Realty 516-404-7056,
John Bachas,
Michelle Crisan
Source: StreetEasy,MLS#: S1853099
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 18
- Bathrooms: 6
- Full bathrooms: 6
Features
- Has fireplace: No
Interior area
- Total structure area: 5,610
- Total interior livable area: 5,610 sqft
Video & virtual tour
Property
Details
- Special conditions: Resale
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Rental Unit
Condition
- Year built: 1930
Community & HOA
Community
- Subdivision: Ridgewood
Location
- Region: Ridgewood
Financial & listing details
- Price per square foot: $178/sqft
- Date on market: 10/14/2026
Estimated market value
$1,015,600
$965,000 - $1.07M
$5,115/mo
Price history
| Date | Event | Price |
|---|---|---|
| 10/14/2026 | Listed for sale | $1,000,000$178/sqft |
Source: StreetEasy #S1853099 Report a problem | ||
Public tax history
Tax history is unavailable.









